Beals and Thomas, Inc.

$875,160 PPP Loan in Southborough, Massachusetts

Loan Details

Loan Number
7044227103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$875,160
Current Approval
$875,160
Forgiveness Amount
$881,967
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beals and Thomas, Inc.
Address
144 Turnpike Rd
ZIP Code
01772-2121
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
MA-02

Loan Use Breakdown

Payroll
$700,130
Health Care
$70,030
Mortgage Interest
$105,000

Lender Information

Servicing Lender
Middlesex Savings Bank
Originating Lender
Middlesex Savings Bank

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